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6 February 2025 | 7 replies
Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.
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25 January 2025 | 6 replies
I may be able to STR a spare bedroom but that would be for later.Background: A fixer upper, but I do not know how much fixing is required.
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15 January 2025 | 12 replies
I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.
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17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
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15 January 2025 | 13 replies
A3: Zelle payments require 1099s.
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23 January 2025 | 15 replies
As I mentioned every person and their criteria is going to require a different loan program and each loan gets risk graded based on several factors.
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17 January 2025 | 24 replies
We review yearly with our CPA who files the necessary forms.By law, IRAs require a custodian.
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28 January 2025 | 13 replies
Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.
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15 January 2025 | 12 replies
That 2nd requirement is what makes it close to basically impossible with a W2 job.
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15 January 2025 | 6 replies
I recently joined the forum and would like to quickly list my requirements without much ado.1.